Just to prove I don’t plan to dog Hillary at every turn, I’ll stick up for her remark on the un-centrality of business firms in creating jobs. Republicans would like to turn it into another “you didn’t build that” moment, which … Continue reading
Category Archives: Surreal business cycles
A continuing, endless series. This morning in response to the BLS jobs report, he suggested the numbers were cooked (“We’re all conspiratorial here.”) — in other words not too high, not too low — for the sake of propping up … Continue reading
First Friday of every month, the Bureau of Labor Statistics releases data on the previous month’s state of the labor market. The ‘headline number’ is 209,000 net new jobs. This year the numbers of net new jobs have looked good … Continue reading
First in a series. I’m reading his intermediate macro textbook (fourth edition). Cost me ten bucks (including shipping). It is somewhat of a novelty among intermediate texts because he adheres to a “Real Business Cycle” (RBC) perspective. SDW blogs here. … Continue reading